Luckbox to Freeze B2C Operations

Luckbox to Freeze B2C Operations

Business

09 October 2023 16:07

Luckbox's parent company Real Luck announced its decision to restructure the company. This means a freeze of betting and player registrations on its Luckbox.com B2C platform. Real Luck revealed that they will focus on B2B side. Real Luck signed a LOI recently for an acquisition or a merger.

The company stated "B2C has generated all the company’s revenue to date, but achieving profitability will require significantly more capital than launching the B2B platform.”

Luckbox users will retain their ability to make fund withdrawals. Real Luck assures that these funds are kept separate from the operator's operational funds and will receive continued support.

Tags: Luckbox

Share:

Sources:

Report mistake Submit news

Media Archive

1 screenshot

• 

Related news

View All

Xbox Reportedly Has GTA 6 Cloud Rights

The CEO of Xbox Asha Sharma told staff at an all-hands on 6 October that Microsoft was preparing to do...

Business

Oct 07, 2026

Embark's Two Shooters Are Getting Films and TV Shows

Both Finals and Arc Raiders will be on screen. Nexon signed a deal with Chernin Entertainment, the film and TV...

Business

Oct 07, 2026

Disney Says a Buyout Isn't the Conversation

Disney flat out denies the rumours of a potential acquisition of Epic Games. Dana Walden stated "Well I think...

Business

Oct 05, 2026

Disney Says a Buyout Isn't the Conversation

Disney flat out denies the rumours of a potential acquisition of Epic Games. Dana Walden stated "Well I think that...

Business

Oct 05, 2026

News/Sharma Rules Out Selling Xbox

Asha Sharma on Xbox sale. "Xbox is not for sale. We will do whatever it takes to set the company...

Business

Sep 30, 2026